BETA_DISTRIBUTION_(SOUTH) - Accounts
BETA_DISTRIBUTION_(SOUTH) - Accounts
Company Registration No. 04312971 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(407,608 )
(423,715 )
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more than one year
(54,543 )
(95,334 )
Provisions for liabilities
(18,094 )
-
682,093
333,401
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
Director's responsibilities:
-
-
Approved by the Board for issue on 12 November 2015
Director
Company Registration No. 04312971
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Plant and machinery
Fixtures, fittings & equipment
Motor vehicles
1.5
Leasing and hire purchase commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over their expected useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2015
- 3 -
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2014
441,535
Additions
17,150
Disposals
(29,540)
At 31 March 2015
429,145
Depreciation
At 1 April 2014
259,798
On disposals
(24,599)
Charge for the year
48,487
At 31 March 2015
283,686
Net book value
At 31 March 2015
145,459
At 31 March 2014
181,738
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
4
Transactions with directors
At the balance sheet date included in other debtors is £61,275 (2014: £64,718) owed to the company by the director, Mr S.Srdanovic.